Greens to block govt's housing changes

The Greens party room has voted to oppose the federal government's proposed housing affordability measures.

A Turnbull government plan to allow first-home buyers to save for a deposit through their superannuation faces possible defeat after the Greens party room voted to oppose it.

The draft laws set up a First Home Super Saver Scheme and also allow older Australians to contribute the proceeds of the sale of their family home to their super.

A Greens spokesman says the changes would add to existing pressure in the housing market and ignore more obvious solutions such as removing negative gearing and capital gains tax concessions.

Source AAP

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